CONTRACTS
PH is planning a trip to France and is inquiring whether their personal property will be covered.
Personal Property is covered anywhere in the world.
What is CEM?
Catastrophe Exposure Management
What is a qualified Claim?
Non-Cat/non-weather-related claim?
5936 Georgia Road, Birmingham, AL 35212
Agent office called and stated that they are getting a message in the application that is requiring them to get UW approval due to roof condition. Would you provide them with a binding approval form?
No- Roof is in severe condition
What are the 3 PCL codes?
C if all claims have $0 indemnity payment.
N if no “name match” claims within the last 5 years.
Y if any of the claims have an indemnity payment.
In NC, how much personal property coverage extends to a storage facility? Review Policy booklet FP-7144.5
Self-Storage Facilities
Our limit of liability for personal property
owned or used by an “insured” and located
in a self-storage facility is 10% of the limit
of liability for Coverage C, or $1,000,
whichever is greater.
What are the two reasons a Renters in TX will be ineligible due to the coastal consistency with no exceptions?
Extreme Storm Surge exposure and located on a barrier or coastal island
Are claims with another carrier ratable?
No, only SF non cat/non weather claims.
1414 West Central Street
Springfield, MO 65802
What is the roof rating?
Fair
Which policy types do not use the PCL coding and why?
Boatowners, PAP, RDPs, RCUPs, PLUPS
Non-Qualified Policies that do not count against eligibility
Does Liability extend to farmland that is under 500 acres with a building? Please see policy booklet HW-2138
No, because there is a building on property.
Per the Underwriting Guidelines (UG), which risk values for homeowners are unacceptable for the State of MS?
How long is a rating claim counted on a policy?
5 yrs
113 MIDDLE HADDAM RD PORTLAND CT 06480
What is the roof rating of this home?
Poor
Pull up the LHR for Linda Neiman
Agent- 47-6149
Region- 15-PACN
What will be the prior carrier loss code?
PCL-Y
What is the Fuel Oil Release coverage? Can it be removed from the policy? Does the deductible apply?
Please see policy booklet HW-2122
We will pay up to $10,000 for each
loss for accidental direct physical loss to covered
property caused by the abrupt and accidental escape
of liquid fuel oil from a fixed household tank, apparatus,
or pipes that are part of a heating unit for the
dwelling. This includes damage to covered property
resulting from an accidental spill or overflow of fuel oil
in the course of filling a fixed household tank.
No- this is built into the policy
Yes- deductible will apply
Can any exception be given for Condo policies in Alabama?
NO
44 GH5454 0 (UT)- How many qualified claims does this insured have? Are they currently being rated for a qualified claim?
1-No
1950 ASPEN LN HEBER AZ 85928
What is the roof rating in cape?
Pull up policy 03 TR1526 9 (AZ) and take a look at the survey photos. What are the roof concerns?
Fair
Granule loss
93 TPE369 4 (AZ)
What will the PCL code be once this policy issues?
PCL codes do not apply to RDPs
PH just purchased a new ring today. Will coverage under their existing PAP cover for this newly acquired item? See policy booklet FP-7940.2
With respect to jewelry, furs, cameras and musical
instruments, we cover newly acquired property of a
class already covered.
PH recently filed a qualified claim during the mid-term of their policy. When will this claim be reflected on the policy?
At the next renewal
The application was marked "NO" to indicate that there have been no losses in the last 5 years. The agent then quoted the policy with a claim-free discount. However, when the policy was issued, it showed PCL=Y. The agent called to inquire why the policy was issued at a higher rate than the initial quote.
App indicated that PH had no losses within the past 5 years, resulting in the removal of the claim-free discount from the policy.